Commercial Credit Reporting Services

PROCUREMENT OVERVIEW:

The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) is seeking proposals for commercial credit reporting services. The objective is to facilitate credit verification and financial risk assessment activities essential for the agency's programs and operations. The selected contractor will provide secure, online, on-demand access to Canadian business credit reports for at least fifteen users, enabling the retrieval of approximately 1,200 complete business credit reports throughout the contract duration. The service must deliver comprehensive business credit information, including business identifiers, credit scores, account summaries, financial trade details, and credit utilization data.

ISSUING ORGANIZATION:

• Organization Name: Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
• Location: Ottawa, Ontario, Canada
• Primary Contact: Zachary St-Louis
• Email: [email protected]

KEY DATES:

• Posted Date: April 9, 2026
• Proposal Due Date: April 23, 2026, by 2:00 PM EDT
• Anticipated Start Date: May 11, 2026 (or as soon as possible)
• Contract Duration: 1 year

MANDATORY REQUIREMENTS:

• The contractor must provide secure, online access to Canadian business credit reports for a minimum of 15 users.
• Ability to search and retrieve approximately 1,200 business credit reports during the contract.
• Delivery of comprehensive business credit information, including:
  • Business identifiers
  • Credit index and score summaries and histories
  • Summaries of accounts, collections, liens, judgments, and past due amounts
  • Financial trade details
  • Credit utilization information
• Provision of user manuals and training materials in both English and French.
• Technical and administrative support during normal business hours (Monday to Friday, 08:00 to 16:00 EST).
• Ongoing system access throughout the contract period.
• Submission of quarterly usage reports to FedDev Ontario.

TECHNICAL CAPABILITIES:

• Expertise in providing online business credit reporting services.
• Proficiency in generating and interpreting comprehensive credit reports.
• Ability to support bilingual (English and French) training and documentation.

DELIVERABLES AND PERFORMANCE STANDARDS:

• Secure online access to credit reports.
• User manuals and training sessions.
• Technical support during specified hours.
• Quarterly usage reports detailing system access and report retrieval.

EVALUATION CRITERIA:

• Proposals will be evaluated based on the lowest price technically acceptable (LPTA) approach, meaning that the lowest bid meeting all mandatory requirements will be selected.

PREFERRED QUALIFICATIONS:

• Experience in providing similar credit reporting services to government agencies or large organizations.
• Familiarity with Canadian business credit reporting standards and practices.
• Additional capabilities in data analytics or financial risk assessment may be viewed favorably.

This summary outlines the essential information for potential bidders to assess their fit for the opportunity and prepare their proposals accordingly.